S&P 500 Hits Record High, Adds $1.25T
The S&P 500 closed at a new all-time high of 7,736 on Tuesday, adding $1.25 trillion to U.S. market value. Mega-cap tech led the rally: Nvidia rose 2.87%, Apple 2.23%, Microsoft 1.69%, and Alphabet 1.58%. As the largest stocks by market cap, even modest percentage gains in these names move the most dollars and drive the broader index higher.
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